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Wyndham Sells Its Vacation Rental Arm To Focus On Timeshares

Wyndham Destinations has announce it has sold its vacation rental business in a deal which nets the company $162 million.

Wyndham Destinations, which is based in Orlando Florida, has sold this part of the business to Vacasa who will now own its inventory of 9,000 condos, houses and villas. Vacasa is one of the largest vacation management companies in the US. With this purchase the vacation management platform will now have 23,000 homes available worldwide.

The 9,000 properties are based all over the United States, with properties in California, Colorado, Delaware, Florida, Utah, Tennessee, The Carolinas, Nevada, Idaho and Georgia.… Read more

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Bluegreen Vacations Opens Latest Timeshare Resort

Bluegreen vacations has opened the doors to its 2nd timeshare resort in New Orleans.

Bluegreen Vacations already offers La Pension, a boutique hotel located in the centre of New Orleans. However, the latest resort is in stark contrast, The Marque brings both history and modern technology together to create a unique experience for timeshare owners.

The Marquee will offer Bluegreen timeshare members an ‘immersive guest experience’, using augmented reality, this is the first time a timeshare resort has implemented this type of technology.

The property itself offers an owner’s lounge, where members can relax with a drink, play pool … Read more

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Some News From The World Of Timeshare

Interval International Adds Two Resorts To Its Exchange Network and RCI Adds 24 new resorts in Asia

The timeshare and vacation membership giant Interval International, has announced it will be adding two new resorts to its growing portfolio.

The company already has over 3000 resorts in more than 80 countries, which it operates through its exchange network. The two properties include Grand Guadalupe and Santosi both by Inmense hotel chain and located in Mexico. Both resorts are located close to the historic centre and provide all the amenities timeshare owners are used to.

The company said that timeshare owners … Read more

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Watch out for scammers targeting your bills!

Action Fraud are warning people to be on the lookout after scammers target utility customers with fake emails.

Action Fraud has received over 100 reports about fake emails purporting to be from utility companies, including British Gas and Anglian Water. The content of the emails vary from threats of account suspension to refunds due to overpayment. The links in the emails lead to malicious websites that are designed to steal personal and financial information.

What is Phishing?

Phishing scams are attempts by scammers to trick you into giving out personal information such as your bank account numbers, passwords and … Read more

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Family TUI Holiday Ends In Disaster

Holiday giant TUI faces further complaints after two family holidays are ruined by sickness jobs.

The Martin family are among 60 others who claim they were struck down with a severe gastric illness whilst staying at a four star hotel in Lanzarote, booked through holiday giant TUI. The family say within days of arriving on their dream vacation, they were struck down with severe stomach cramps and vomiting.

The family say the source of the bug must have come from food which was left uncovered and undercooked. In fact, lawyers working for the family say that they have a … Read more

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Is Apollo Planning to buy Hilton Grand Vacations?

Apollo, the company that owns Diamond Resorts, has told Hilton it wants to buy their timeshare arm and will pay a premium to do so.

Hilton Grand Vacations is said to be worth $2.4 Billion and Apollo Global Management has informed the timeshare giant they are planning a purchase offer.

The New York Post reports that Apollo has given Hilton Grand Vacations three options: It would offer to buy HGV at a premium to its share price, merge the company with Diamond Resorts or sell shares in HGV.

Apollo have not released any figures as yet, but the post reports … Read more

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Orange Lake Country Club Changes Name

One of the biggest timeshare resorts in the US, Orange Lake County Club has announced it will be changing its name to Holiday Inn Club Vacations.

The timeshare giant says it is to change its name to Holiday Inn Club Vacations, so it can capitalise on growth in the timeshare industry. They say that their membership intake has more than doubled in the last ten years. This is the first of several developments the company have undertaken to help draw in new members.

The company recently announced a 100 year extension to its affiliation with IHG. The new agreement … Read more

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Diamond Resorts Expands Portfolio With Karma Group

Karma Group and Diamond Resorts have announced they are expanding their existing partnership to offer timeshare owners new and ‘exciting’ resorts and locations.

Karma Group plans to add a sales centre at Diamond’s Village Heights resort in Greece, to promote and sell vacation ownership points and timeshare units. Karma Group and Diamond both claim their membership levels are increasing and there is a growing need to offer members intercontinental travel between Europe and Asia.

Diamond seem to be adding new resorts and partnerships to expand their vacation offerings to members, Karma group is expanding their vacation offerings in Greece.

John … Read more

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Insurance Worker Jailed For £390,000 Fraud

A claims handler working for AIG has been jailed for defrauding the insurer out of more than £390,000 to fund his drug addiction.

James Beaver, worked for AIG insurance as a complex claims case worker, but began defrauding the company after his cocaine addiction took hold, following the tragic death of his young son.

After taking some time off to mourn the loss of his son, Beaver’s cocaine habit began to spiral out of control and by the time he returned to work in 2016, he had developed a £500 a day substance addiction. The court heard how Beaver began … Read more

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Serial Fraudster Ordered To Pay Back His Ill-gotten Gains!

A serial fraudster who was sentenced to four years behind bars, has been ordered to pay back £315,000.

Malcolm Forsyth created false identities to obtain mortgage deals, open bank accounts and even claim benefits. He was ordered to pay back all of his available assets after a lengthy investigation uncovered money he had been hiding.

Police say Forsyth had tried to obstruct their investigation into his assets by telling lies. Despite this, specialist investigators found he had conned £465,554 from his criminal activities and had available assets of £315,000.

Head of West Yorkshire Police’s Economic Crime Unit and Recovery Team, … Read more

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